Chris Invests - Dividend Investing & Passive Income

Imagine checking your net worth every morning. One day, you open your accounts and your net worth is the highest it’s ever been. Maybe your investments have been doing well, your home equity is up, and you feel like you're finally seeing the results of years of discipline and good financial decisions. Then a week later, you check again and your net worth is down 5%. You didn't lose your job. Your income didn't suddenly disappear and you didn’t have any unusual expenses. The companies you own through your investments didn't suddenly become bad businesses. Your long-term financial plan is exactly the same as it was a week ago. But emotionally, it feels like you lost something.
This is one of the biggest psychological challenges of building wealth.

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The many choices regarding retirement and investment accounts can be overwhelming to many. 401k, IRA, Roth IRA--which one should you be contributing to and which is best? How can you make the most money or get the best returns so you can make the most money during your retirement? Learn about the differences and similarities between the most common retirement and investment accounts.

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DISCLAIMER:
Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly

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You’d be surprised just how many people completely underestimate how close they are to retirement. They run the calculations, assume a 7% or 10% return each year, and think they know when they’ll finally reach their goal.

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Robert Kiyosaki has been one of the most influential financial gurus of all time, particularly due to his somewhat controversial book, Rich Dad Poor Dad. His rich dad suggests not getting a job but instead working for free and minding your own business, contrasting his poor dad's mentality. Learn from this animation that will teach you about assets and liabilities, investing in real estate and the stock market with no money, which will ultimately help you get rich.

Like and subscribe for more wealth building videos!

Sign up with Robinhood to get FREE stocks: http://share.robinhood.com/christw132

Total Money Makeover: https://amzn.to/2FiXuQa
Rich Dad Poor Dad: https://amzn.to/2JJxSBB
Microphone we use: https://amzn.to/2IlDu2w
Computer we use: https://amzn.to/2UKBCa2


DISCLAIMER:
Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly

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Building wealth requires consistency, patience, and the ability to think years ahead. But there's a problem with thinking that far into the future. We tend to imagine our financial future as a slightly better version of our financial present. If you have $100,000 invested, you might imagine having $200,000 someday. If you earn $80,000 a year, you might imagine eventually earning $100,000 when you retire. We naturally take what we know today and project it forward. But that may be one of the biggest mistakes you can make.

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